Crypto Fund Manager: This Is The 'Single Largest Arbitrage In Human History'

From zerohedge.com

Investors from both traditional finance and the crypto world are increasingly aligning on the view that stablecoins represent one of the most significant business opportunities in a generation. Such is the belief of Kyle Samani, Managing Partner of Multicoin Capital, who recently said that stablecoins—a form of crypto pegged to fiat like the U.S. dollar—will likely turn out to be "the single largest arbitrage in human history." “There's 8 billion people on the planet. If you could go to each of those eight billion people and ask them, you can denominate your wealth in any asset—gold, Apple stock, S&P 500, ... (full story)